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Mar 12, 2017
03/17
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a myth i run a stayed surplus deficits rewarding with restaurants carmakers you name it a quote deficit because usa magnet for global investment we export shares that don't account what a ridiculous thing to say. >> bruce is a poiptdz out earlier we had a huge trade deficit in 84 biggest growth spurt we ever had. >> i am not really so much sure about whether the deficit -- avoids me more is when donald says nasty things about mexico going to start a potential trade war, i mean he says he wants to do more individual deals but the only individual deal we know he made is maybe with russia. david: by the way, mexico needs us much more than we need them, i don't think nobody is going to start a trade war from their perspective but peter inactive are -- trade rep says trade deficit is a threat to national security. >> i don't think trade deficits matter i don't think right 100 countries slap goods with taxes i understand that i am interested what reagan did with japan quotas on cars from japan what about quotas instead of taxes. >> where does they had been up clearly does bother president tru
a myth i run a stayed surplus deficits rewarding with restaurants carmakers you name it a quote deficit because usa magnet for global investment we export shares that don't account what a ridiculous thing to say. >> bruce is a poiptdz out earlier we had a huge trade deficit in 84 biggest growth spurt we ever had. >> i am not really so much sure about whether the deficit -- avoids me more is when donald says nasty things about mexico going to start a potential trade war, i mean he...
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Mar 12, 2017
03/17
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we have a deficit because the u.s. is a magnet for global investment such that we export shares that don't account and what always bounces trade. what a ridiculous thing to say. >> as i pointed out earlier we had a huge deficit and 84 in the biggest growth spurt we've ever had. >> not sure about whether the deficits matter, but worries me more is when donald says these nasty things about mexico and he will start a potential trade war. he said he wants to do more individual deals, but the only individual deal we know heç has made us maybe with russia. >> by the way, mexico needs us much more than we need them. nobody will start a trade war from their perspective. peter navarro who is the trade representative for president trump says the trade deficit is a threat to national security. >> i agree with john. i don't think trade deficits matter. i don't think it's right at that 100 other countries slap our goods with tax. i'm interested what reagan did with japan. he put quotas on cars coming in from japan. what about quo
we have a deficit because the u.s. is a magnet for global investment such that we export shares that don't account and what always bounces trade. what a ridiculous thing to say. >> as i pointed out earlier we had a huge deficit and 84 in the biggest growth spurt we've ever had. >> not sure about whether the deficits matter, but worries me more is when donald says these nasty things about mexico and he will start a potential trade war. he said he wants to do more individual deals,...
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Mar 12, 2018
03/18
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trade deficits are not budget deficits. a trade deficit is the opposite of a capital surplus. we grow when we have trade deficits. maria: so what's the answer then what is the answer to the fact that we are on the losing end. >> we're not. maria: but look you've got $375 billion in deficit with china. >> but again i just told you trade deficits don't have to be repaid. we have trade deficits when the buying power of americans is strong. we grew with trade deficits in the 1980s and the 1990s. peter navarro has no answer for that because nobody ever asked him about it. maria: well what about the fact that china is stealing all of our stuff james? what about the fact that we need to do something to stoop china from acquiring some of the most important industries of the future like ai like robotics what do you do? >> i think the china-specific issue it is a problem and it's a communist dictatorship at the end of the day. their leader now ruling for life the first to have this power, so i think china is a specific case it's a constant problem, we hear it from u.s. executives doing
trade deficits are not budget deficits. a trade deficit is the opposite of a capital surplus. we grow when we have trade deficits. maria: so what's the answer then what is the answer to the fact that we are on the losing end. >> we're not. maria: but look you've got $375 billion in deficit with china. >> but again i just told you trade deficits don't have to be repaid. we have trade deficits when the buying power of americans is strong. we grew with trade deficits in the 1980s and...
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Mar 20, 2021
03/21
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deficits when they are about spending money on the poor people. is that right? >> no, the thing gerry the deficit last year because the comment was forced to close because the pandemic was just under 15% of budget deficit of gdp and people at knowledge that's what needs be done. the bridge had to be built from the shutdown to the reopening which it wasn't certainly we have given more money since then to people in need it. the problem is if you run that sustain 15% budget deficit-to-gdp ratios or to lease for 2021 we will my fear is we will have the same thing happen in 2022 to get in infrastructure bill because the 2% that sara mentioned that is supposed to pay for this, my fear is we will see budget deficits remain extraordinarily high relative to gdp and we will force the fed to keep rates low and to fund the deficits. they are knee as the feds will continue to. the income inequality that people don't like. gerry: sara on the one hand you say much of what president biden is doing with this next package putting up taxes on companies and higher ea
deficits when they are about spending money on the poor people. is that right? >> no, the thing gerry the deficit last year because the comment was forced to close because the pandemic was just under 15% of budget deficit of gdp and people at knowledge that's what needs be done. the bridge had to be built from the shutdown to the reopening which it wasn't certainly we have given more money since then to people in need it. the problem is if you run that sustain 15% budget deficit-to-gdp...
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the deficit as a percentage of the economy was smaller. i mean the economy grew tremendously under reagan so you have to look at it. it's like saying you've got a thousand dollars of debt. i've got a thousand dollars of debt but you make $10 million and i make $200. i mean that's the difference a year. >> i'd love to make $10 million. >> that's the slight of hand that ben is using and a lot of people who attack president reagan. i will say this though and i agree with ben on this . this is probably not going to get done because charles schumer does not play ball. that is the biggest, that is the most funny thing i've ever heard that charles schumer is a ball player. >> neil: republicans are banking on him not playing ball. by the way do you know what else he is. he's a really good minority leader of the senate and he keeps regular order within his troops. >> but i bet he prevents those guys. >> amy: in fairness to mr. schumer which i rare liam, but there is an argument for him being the new york state senator >> neil: you don't have a sign
the deficit as a percentage of the economy was smaller. i mean the economy grew tremendously under reagan so you have to look at it. it's like saying you've got a thousand dollars of debt. i've got a thousand dollars of debt but you make $10 million and i make $200. i mean that's the difference a year. >> i'd love to make $10 million. >> that's the slight of hand that ben is using and a lot of people who attack president reagan. i will say this though and i agree with ben on this ....
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Feb 13, 2013
02/13
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just deficit reduction. i think the president clarified that a little bit this evening with a comment you just mentioned, neil. there is that question about whether and that democrats are all that serious about deficit reduction going much further. the republicans put a number, saying we want to get as close as balanced as possible. that is what they're writing right now. neil: we should point out, the president wants to avoid this constant crisis and brinksmanship ahead of what could be another deadline in two weeks. but i see nothing here that will avoid that. >> and the conversations we're having right now, at least in congress on deficit reduction or the sequestered to get rid of that deficit reduction, we are not even close to the deal right now. neil: okay. thank you very much. the republican response falls on 188. running for president and self in four years. marco rubio. >> good evening. i'm marco rubio. i am blessed to represent florida in the united states senate. let me begin by congratulating pre
just deficit reduction. i think the president clarified that a little bit this evening with a comment you just mentioned, neil. there is that question about whether and that democrats are all that serious about deficit reduction going much further. the republicans put a number, saying we want to get as close as balanced as possible. that is what they're writing right now. neil: we should point out, the president wants to avoid this constant crisis and brinksmanship ahead of what could be...
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Dec 24, 2017
12/17
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revenues only been growing the last two years when the deficit has grown at 1%. it should be growing at 3-5% during an expansion. this is how we get there. this tax reform. >> i will say first of all i'd like to congratulate chuck on his new show animal planet everybody liked that. >> [laughter] >> going to be amazing. >> i'd also like to say look i'm for this corporate tax cut but bottom line is it's a 15% move in the wrong direction on the deficit. yes we needed a corporate tax rate similar to other countries for cop pet eever reasons but it's only half the game. these other countries have other taxes to make up for lower corporate taxes. germany is running a surplus and we're going in the hole because we're not in a recession we should be doing the same thing. it's not because they have low corporate taxes but because they have a near 20% value-added tax and we'll have to have the taxes on the other side of these other countries if we have a corporate tax rate similar to other countries that's what we move into next in addition to cutting entitlements as well
revenues only been growing the last two years when the deficit has grown at 1%. it should be growing at 3-5% during an expansion. this is how we get there. this tax reform. >> i will say first of all i'd like to congratulate chuck on his new show animal planet everybody liked that. >> [laughter] >> going to be amazing. >> i'd also like to say look i'm for this corporate tax cut but bottom line is it's a 15% move in the wrong direction on the deficit. yes we needed a...
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Oct 22, 2018
10/18
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's all-star b there's little rest for a single dad, and back pain made it hard to sleep and get up on time. then i found aleve pm. the only one to combine a safe sleep aid, plus the 12 hour pain relieving strength of aleve. i'm back. aleve pm for a better am. you might or joints.hing for your heart... but do you take something for your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life. (♪light musical cords) go to vettix.org. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's all-star b there's little rest for a single dad, and back pain made it hard to sleep and get up on time. then i found aleve pm. the only one to combine a safe sleep aid, plus the 12 hour pain relieving strength of aleve. i'm back. aleve pm for a better am. you might or joints.hing for your heart... but...
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trade deficits, don't worry about it. budget deficits, yes. we ought to be complaining about politicians who are saying five percent cut is something -- kennedy: if we have a good economy, trade deficits and immigration. i know we're not supposed to talk with the two things the president says he doesn't like one who doesn't love a good economy? i love a good economy. do you love a good economy? -- >> thank you very much. . 12 televised debates for the 2020 candidates but they banned fox news from hosting either. will this backfire for the left? my monologue is next. so, you're open all day, every day. that's what 24/7 means, sugar. kind of like how you get 24/7 access to licensed agents with geico. hmm? yeah, you just go online, or give them a call anytime. you don't say. yep. now what will it take to get 24/7 access to that lemon meringue pie? pie! pie's coming! that's what it takes, baby. geico®. great service from licensed agents, 24/7. we all make excuses for the things we don't want to do. but when it comes to colon cancer screening... i
trade deficits, don't worry about it. budget deficits, yes. we ought to be complaining about politicians who are saying five percent cut is something -- kennedy: if we have a good economy, trade deficits and immigration. i know we're not supposed to talk with the two things the president says he doesn't like one who doesn't love a good economy? i love a good economy. do you love a good economy? -- >> thank you very much. . 12 televised debates for the 2020 candidates but they banned fox...
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Apr 27, 2018
04/18
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deficit with europe or we're running a trade deficit with china or we're running a trade deficit with japan. the truth is we're running a trade deficit with all of them because we like to consume so much, we save so little in this country, that we are spending more than we're producing or to put it another way, we're investing more than we're saving so we don't save enough for all of our investments in this country. like a person running around to different stores buying more than they should be buying, running up debts blaming all the other -- it is unfair, it is unfair, i'm spending so much. trish: that is not precise. >> i don't know what he is after actually, i really don't but he keeps citing this idea we have a trade deficit because we spend so much. trish: i think, this is my take on it, i think he is making the point that it is not that all these countries charge us tariffs on our goods. you send a car to china, they charge a nice 25% tax on the thing. send a motorcycle to india, 100%. harley-davidson will cost you twice as much. he is saying, we are, because of trade deficits
deficit with europe or we're running a trade deficit with china or we're running a trade deficit with japan. the truth is we're running a trade deficit with all of them because we like to consume so much, we save so little in this country, that we are spending more than we're producing or to put it another way, we're investing more than we're saving so we don't save enough for all of our investments in this country. like a person running around to different stores buying more than they should...
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he criticized democrats about the deficit saying democrats are not known for worried about deficits but if my party does not start getting interested in deficits, both of those lines are lies. they are republican lies. >> your response? >> not surprising that larry o'donnell would go after mayor pete because it's an opinion show that's pretty popular. and pete runs in the moderate lane. and if you watch him he will have -- he's more of the left center. and i think larry likes to talk about when he was in the years and they were deficit neutral and balanced budget. i think we should all be worried about where the deficit is, every president likes a growing deficit. >> i'm so happy everybody's talking about deficits. they share the first $500 billion of tax dollars is going to interest on the debt they've created. that could be going on roads and bridges and elderly and children, no, interest, something to be done. mr. o'donnell, i have to disagree with him. david: when you have job numbers like we have right now and record amount of tax revenue coming in, people don't tend to worry a
he criticized democrats about the deficit saying democrats are not known for worried about deficits but if my party does not start getting interested in deficits, both of those lines are lies. they are republican lies. >> your response? >> not surprising that larry o'donnell would go after mayor pete because it's an opinion show that's pretty popular. and pete runs in the moderate lane. and if you watch him he will have -- he's more of the left center. and i think larry likes to...
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16
Oct 20, 2018
10/18
by
FBC
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eye 16
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star b hey guys. today we're here to talk about trucks. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i think it's the chevy. ford. is it ford? nope, it's not ford. i think it's ram. is it ram? not ram. that's a chevy! it's chevy! that's right. from the family of the most dependable, longest-lasting full-size pickups on the road. gorgeous. chevy hit it out of the ballpark with these. if you're waiting patiently for a liver transplant, it could cost you your life. it's time to get out of line with upmc. at upmc, living-donor transplants put you first. so you don't die waiting. upmc does more living-donor liver transplants than any other center in the nation. find out more and get out of line today. ♪ ♪ ♪ ♪ comfort. wha
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star b hey guys. today we're here to talk about trucks. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i think it's the chevy. ford. is it ford? nope, it's not...
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Jul 27, 2018
07/18
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deficit. we'll explore that off and off here. go to market watchers, john layfield, gary b. smith and former white house visor austan goolsbee. this number is great second quarter number, it is hard to repeat. you guys found that out. george bush found that out. what is it about sustaining strong quarterly numbers, what's the problem? >> i don't know, this is a very good number. it follows on a first quarter of this year was a pretty mediocre number. when that came in and consumer spending grew less than 1% at an annual rate, a lot of people said it was from the weather. so if you get a down quarter from the weather or from something that is transitory a lot of times you get a rebound in the following quarter. vice versa. if you get a good quarter you get a rebound down. in a way that is the problem. it is not really a problem of the it is just reflex shun there is lot of moving around. a numbers move around. some months you're up, some months you're down, you tend it average out over longer p
deficit. we'll explore that off and off here. go to market watchers, john layfield, gary b. smith and former white house visor austan goolsbee. this number is great second quarter number, it is hard to repeat. you guys found that out. george bush found that out. what is it about sustaining strong quarterly numbers, what's the problem? >> i don't know, this is a very good number. it follows on a first quarter of this year was a pretty mediocre number. when that came in and consumer...
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Jul 27, 2019
07/19
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the deficit keeps going up. it is not using and that the deficit or the debt is it? >> left, revenues are coming in, i'm looking forward to more. i like what i see in the economy and nominal gdp and so forth. in terms of the budget deal i think is what you're driving at, so our estimates are about 4 and a half percent. the deficit in scherie and 20 would be about four and half percent gdp. everybody likes to see it lower. i would like to see less spending, absolutely. but politics is the art of the possible. the market with a two percent 10 year is not worried about the budget deficit were borrowing at the present time. i think it is a manageable number. gerry: i'm sorry go ahead. >> i was going to say is the budget deal perfect? no. but it does maintain a very important increase in defense spending, it allows the president to continue his efforts on the border, at the southern border and security in the rule of law. it will not get in the way of a number of policies, it does get us to roll it over so there will be no default which will be very bad. it ain't perfect,
the deficit keeps going up. it is not using and that the deficit or the debt is it? >> left, revenues are coming in, i'm looking forward to more. i like what i see in the economy and nominal gdp and so forth. in terms of the budget deal i think is what you're driving at, so our estimates are about 4 and a half percent. the deficit in scherie and 20 would be about four and half percent gdp. everybody likes to see it lower. i would like to see less spending, absolutely. but politics is the...
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Feb 12, 2018
02/18
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deficits in the shore term, absolutely. we have to see the economy continue to grow. trish: let me ask you, matt welch, about higher deficits in the short term because i'm a big believer these tax cuts will do a lot for the economy and do a lot for earnings, overall will be good for employment, et cetera, finally get inflation as we start to see in this economy. but, look, if it doesn't do all of that, we got a real problem. >> we have a real problem in any case because what can't go on forever won't. we're going from $20 trillion in debt now to maybe see 30 trillion soon. at some point, that point is happening now. it started happening a couple weeks ago. the cost of borrowing is going to get to recent record highs. we had low cost of borrowing for almost seven years. trish: matt, i know i have to stop you. look at, do we have the 10-year and 30-year. 30-year you can still borrow 3%. that's nut. >> it is nuts and it will get even more nuts as debt service starts to outpace even military spending i'm saying it is nuts becau
deficits in the shore term, absolutely. we have to see the economy continue to grow. trish: let me ask you, matt welch, about higher deficits in the short term because i'm a big believer these tax cuts will do a lot for the economy and do a lot for earnings, overall will be good for employment, et cetera, finally get inflation as we start to see in this economy. but, look, if it doesn't do all of that, we got a real problem. >> we have a real problem in any case because what can't go on...
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trade deficits, don't worry about it. budget deficits, yes. we ought to be complaining about politicians who are saying five percent cut is something -- kennedy: if we have a good economy, trade deficits and immigration. i know we're not supposed to talk with the two things the president says he doesn't like one who doesn't love a good economy? i love a good economy. do you love a good economy? -- >> thank you very much. . 12 televised debates for the 2020 candidates but they banned fox news from hosting either. will this backfire for the left? left? my monologue is next. i have a vision correction number, but i'm more than a number. when i'm not teaching, i'm taking steep grades and tight corners. my essilor lenses offer more than vision correction with three innovative technologies for my ultimate in vision clarity and protection together in a single lens: the essilor ultimate lens package. so, i can do more of what i love! buy two pairs of essilor's best lenses and get a $100 back instantly. see more. do more. essilor kennedy: the dnc is th
trade deficits, don't worry about it. budget deficits, yes. we ought to be complaining about politicians who are saying five percent cut is something -- kennedy: if we have a good economy, trade deficits and immigration. i know we're not supposed to talk with the two things the president says he doesn't like one who doesn't love a good economy? i love a good economy. do you love a good economy? -- >> thank you very much. . 12 televised debates for the 2020 candidates but they banned fox...
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Apr 10, 2013
04/13
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our deficits are already falling. over the past two years, i have signed legislation that will reduce our deficits i more than $2.5 billion. more than two thirds of it by spending cuts. that does not mean we do not have more work to do. here is how we finished the job. my budget will reduce our deficit by nearly another $2 trillion so that all told we can surpass the goal of $4 trillion in deficit reduction that independent economists believe we need to stabilize our finances. it does so in a balanced and responsible way, a way that most americans prefer. both parties, for example, agreed that the rising cost for caring for an aging generation is the single biggest driver of our long-term deficits. the truth is, for those like me who deeply believe in our social insurance program think it is one of the core things for our government to do if we want to keep medicare working as it has. we will have to make some changes. we have to make some changes, but they do not have to be drastic ones. instead of making drastic one
our deficits are already falling. over the past two years, i have signed legislation that will reduce our deficits i more than $2.5 billion. more than two thirds of it by spending cuts. that does not mean we do not have more work to do. here is how we finished the job. my budget will reduce our deficit by nearly another $2 trillion so that all told we can surpass the goal of $4 trillion in deficit reduction that independent economists believe we need to stabilize our finances. it does so in a...
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Oct 20, 2018
10/18
by
FBC
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's all-star business panel weighs in next. introducing add on advantage, a new way to save on travel. now when you book a flight you unlock discounts on select hotels that you can add on to your trip up until the day you leave. add on advantage. only when you book with expedia. and back pain made it hard to sleep and get up on time. then i found aleve pm. the only one to combine a safe sleep aid, plus the 12 hour pain relieving strength of aleve. i'm back. aleve pm for a better am. in 1948... [sfx: bottle sounds on conveyor] one bottle at a time. today, we produce nearly 20 million cases a year. chubb has helped us grow for the past 30 years... they helped us prevent equipment problems during harvest and provided guidance when we started exporting internationally. now we're working with them on cybersecurity. my grandfather taught me to make a wine that over delivers.
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's all-star business panel weighs in next. introducing add on advantage, a new way to save on travel. now when you book a flight you unlock discounts on select hotels that you can add on to your trip up until the day you leave. add on advantage. only when you book with expedia. and back pain made it hard to...
490
490
Feb 13, 2018
02/18
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includes a 1/2 trillion-dollar infrastructure investment, but budget plan is expected to add to the deficit, and federal government is on track, to borrow 9 a -- 955 billion dollars this fiscal year joining me right now fox business exclusive is the speaker of the house, paul ryan great to see you. >> great to be back. >> thank you for joining us this morning we have a lot to get to a lot of people talking about the republicans right now, not in a good way in terms of your two-year deal, last week, want to talk about president budget today first let me start on your budget, case, of course, we are talking about out of control spending one person put it leading to traveled zefldeficit 10 years mulvaney admitting his budgets don't you balance 10 years brooks talking about two-year budget deal additional 3 billion dollars in spending worst piece of legislation i have voted on, tell me how you look at that. >> -- this was a discretionary budget getting military their budgetary military deteriorateing hollowed out focused on getting the military their you budget they need a budget they can plan
includes a 1/2 trillion-dollar infrastructure investment, but budget plan is expected to add to the deficit, and federal government is on track, to borrow 9 a -- 955 billion dollars this fiscal year joining me right now fox business exclusive is the speaker of the house, paul ryan great to see you. >> great to be back. >> thank you for joining us this morning we have a lot to get to a lot of people talking about the republicans right now, not in a good way in terms of your two-year...
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i mean the share of the deficit to gdp which is really the deficit burden, you wait, that is going to come down -- growth rate is coming up. real growth will be better than 3%. nominal growth from which revenues are derived is probably coming in 5 1/2%. those are big numbers. more than any other single variable, those numbers bring the deficit down and bring the deficit burden down. would i stay with that. look, to mr. krugman and others, i respect them i suppose. the reality is, their forecasts have been wrong. they had their chance with big government regulating and taxing and spending. we've taken a different path. we're free enterprise. we reward success. that is what president trump has done. we are growing big time. they could, once in a while look at the data, stu and acknowledge, at least for the moment the united states is doing rather well and by the way good trade deals help us even more. stuart: it is highly unlikely that will be the lead story in "the new york times" tomorrow morning, sir, but nice try. hairy kudlow, always a pleasure, thank you for being with us, sir, ap
i mean the share of the deficit to gdp which is really the deficit burden, you wait, that is going to come down -- growth rate is coming up. real growth will be better than 3%. nominal growth from which revenues are derived is probably coming in 5 1/2%. those are big numbers. more than any other single variable, those numbers bring the deficit down and bring the deficit burden down. would i stay with that. look, to mr. krugman and others, i respect them i suppose. the reality is, their...
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Oct 20, 2018
10/18
by
FBC
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's expedia introduces add on advantage, a new way to save on travel. now when you book a flight you unlock discounts on select hotels that you can use up until your trip starts. so whether you want to go out, stay in, or be in the middle of it all... add the perfect hotel when you're ready, and save. add on advantage. only with expedia. but before you do that, you should meet our newest team member, tecky. i'm tecky. i can do it all. go ahead, ask it a question. tecky, can you offer low costs and award-winning wealth management with a satisfaction guarantee, like schwab? sorry. tecky can't do that. schwabbb! calling schwab. we don't have a satisfaction guarantee, but we do have tecky! i'm tecky. i ca... are you getting low costs and award-winning wealth management? if not, talk to schwab. and award-winning wealth management? bethany: did you know breast every day?ls 1
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's expedia introduces add on advantage, a new way to save on travel. now when you book a flight you unlock discounts on select hotels that you can use up until your trip starts. so whether you want to go out, stay in, or be in the middle of it all... add the perfect hotel when you're ready, and save. add on...
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Oct 24, 2022
10/22
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us, still $1.4 trillion deficit that is kind of the new normal here, a brief history of this, deficits went over a trillion dollars back during the financial crisis in 2009, 10, 11. then they went down for a while. at the time it was predicted they would be going up where we are now due to the retirement of the baby boomers. then covid hit. they just went through the roof to levels nobody had ever seen before. and since, when it comes down a bit, we're now in deficit terms, where we were in places that worried us terribly during the financial crisis. david: that's right. >> is this the new normal under joe biden? david: i suppose it is. liz, people out there care a lot more about inflation than they do about deficits. that is something they see every time they open their wallet. they see how much more things are costing. but there is a strange denial. not just among, it is not just in the white house, but you see it by democrats everywhere, but starting at the white house, a denial that it's out there as strong as it really is. let me play a little montage of what some democrats have b
us, still $1.4 trillion deficit that is kind of the new normal here, a brief history of this, deficits went over a trillion dollars back during the financial crisis in 2009, 10, 11. then they went down for a while. at the time it was predicted they would be going up where we are now due to the retirement of the baby boomers. then covid hit. they just went through the roof to levels nobody had ever seen before. and since, when it comes down a bit, we're now in deficit terms, where we were in...
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Jan 14, 2013
01/13
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ironically, it added to the deficit. it should not be surprising given all this talk that the american people think washington is hurting rather than helping the country at the moment. they overwhelmingly want us to create more jobs. let's finish this debate. the certainty that our economy and reputation are still second to none. america has a lot to do. we have to boost the wages of those who have -- we have to give our children the best education possible and we have to do everything we can to protect them from gun violence. let me say i am grateful to vice president biden for his work on this issue of gun violence and for his proposals which i will be reviewing today and i will address the next few days. i intend to vigorously pursue. with that, i will take some questions and i will start with julie of a piece and i want to congratulate julie for this new and important job. >> i wanted to ask about gun violence. today marks the one-month anniversary of the shooting in newtown which seem to push the assault weapon ban.
ironically, it added to the deficit. it should not be surprising given all this talk that the american people think washington is hurting rather than helping the country at the moment. they overwhelmingly want us to create more jobs. let's finish this debate. the certainty that our economy and reputation are still second to none. america has a lot to do. we have to boost the wages of those who have -- we have to give our children the best education possible and we have to do everything we can...
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these were good times with low budget deficits, ultimately. gary's point, it would make sense if they take our money spend a it, it's a question of are we going to borrow it and head down the green path? if you have to choose between funding the government spending with our tax revenue and borrow money, ideally, again, they have cut the spending and the taxes. that's not reality. european when it will happen. i don't know when they will do that. you can point out when the economy did well. there was a proportional spending cut. i don't know if that ever happened before. it's always widened. >> i disagree. you are saying when i spend a dollar, it's the same as the government spending a dollar. this is not accurate. study after study has shown the multiplier from the government spending. >> i agree with you. all i'm saying is they're going to spend the dollar anyway. are they going to borrow with somebody else or pay with it with tax revenue? that's the only choice. >> we are in agreement. they need to reduce spending. i think the way to -- we'r
these were good times with low budget deficits, ultimately. gary's point, it would make sense if they take our money spend a it, it's a question of are we going to borrow it and head down the green path? if you have to choose between funding the government spending with our tax revenue and borrow money, ideally, again, they have cut the spending and the taxes. that's not reality. european when it will happen. i don't know when they will do that. you can point out when the economy did well....
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Oct 20, 2018
10/18
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star bususususus hey guys. today we're here to talk about trucks. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i think it's the chevy. ford. is it ford? nope, it's not ford. i think it's ram. is it ram? not ram. that's a chevy! it's chevy! that's right. from the family of the most dependable, longest-lasting full-size pickups on the road. gorgeous. chevy hit it out of the ballpark with these. . maria: welcome back, president trump directing his cabinet to cut 5% of their budget. this comes just two days after the trump administration announced a $780 billion budget deficit for fiscal year 2018, that would be up 17% from 2017. here's what the president told stuart varney about the budget earlier this week. >> we're going to d
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star bususususus hey guys. today we're here to talk about trucks. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i think it's the chevy. ford. is it ford? nope,...
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4.0
Mar 20, 2021
03/21
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FBC
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deficits when they are about spending money on the poor people. is that right? >> no, the thing gerry the deficit last year because the comment was forced to close because the pandemic was just under 15% of 5%dg5% dic d d of d p peopp aopt kwl kgege at wt neet n bds dee.on e rie e e d e e be builtroltro ro e sh dosh tdodohe reopehenihenihe h tt wasn'ttt c gveveore monore sonce shecehehe to peotoe ne ind it. e obmf u f run f ruatat su todp-gat-gs -g toro as f 21 1 lily mar m we wi we hav we thavee th tami in02 2 to 2eto gn inn fr trfructuuc bucl bause tauhese tha saraara mentiened that ist t p for m is wil wseeseudgetudgeud defits remaiaiaordinaoarilaoao highgh relativat tat gdp ande wl force the fed to keep rates low and to fund the deficits. they are knee as the feds will continue to. the income inequality that people don't like. gerry: sara on the one hand you say much of what president biden is doing with this next package putting up taxes on companies and higher earning americans will take us back to where we went to president obama could a pr
deficits when they are about spending money on the poor people. is that right? >> no, the thing gerry the deficit last year because the comment was forced to close because the pandemic was just under 15% of 5%dg5% dic d d of d p peopp aopt kwl kgege at wt neet n bds dee.on e rie e e d e e be builtroltro ro e sh dosh tdodohe reopehenihenihe h tt wasn'ttt c gveveore monore sonce shecehehe to peotoe ne ind it. e obmf u f run f ruatat su todp-gat-gs -g toro as f 21 1 lily mar m we wi we hav...
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Apr 17, 2016
04/16
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people ignoring the problems of the deficit? as the taxes have increased to record levels, our deficits are get i getting bigger, too, so we're going in the wrong direction both sides. >> politicians like hillary clinton and some of the republicans make a huge mistake when they assume this sort of static analysis. when in fact, if you have eight different tax codes as hillary clinton proposes and a very high capital gains tax, people will take evasive action and the richest and most clever people will take the most evasive action so she won't even get the revenue she wants. >> by the way, john, she's also proposing to increase the estate tax again despite some of the advice from people like you. >> yeah, the estate tax is is one of the best ones to reduce all together. it frees up the most crucial capital at all. they're willing to experiment with it on new ideas. we have silicon valley. rockefellers and vanderbilt. you want to get rid of that all togeer. >> this week, we have found out retail sales decreased. we're having a pro
people ignoring the problems of the deficit? as the taxes have increased to record levels, our deficits are get i getting bigger, too, so we're going in the wrong direction both sides. >> politicians like hillary clinton and some of the republicans make a huge mistake when they assume this sort of static analysis. when in fact, if you have eight different tax codes as hillary clinton proposes and a very high capital gains tax, people will take evasive action and the richest and most...
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Dec 30, 2012
12/12
by
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the most deficit reduction is going to come from no deal. and that's what we need. that's what this economy needs, the biggest threat to economic growth, if the deficit and the debt, 4 trillion, everybody talks about it as somome sort of grand bargain. it's barely a start. this isn't a fiscal cliff, it's a fiscal bun hill, let's slide down it. >> if we slide down, jonas, in the first t week, people are going to open up the paycheck and see less money there. i don't think that people understand that at this point. >> people get used to tax cuts, that's the problem. short-term expiring tax cuts, including e paoll tax cut. you know, it's not the best way to solve a problem, but this cliff is the result of not coming up with deals and they're not going to come up with battery deal if it' negotiated it's not the ideal way to solve it out after deficit. we'd like to gradually raise taxes and cut spending, but this is the best we're going to get. any of the deals they would agree on, probably leave us to the oer guest's int, close t a trillion dollars anyway, and it's the
the most deficit reduction is going to come from no deal. and that's what we need. that's what this economy needs, the biggest threat to economic growth, if the deficit and the debt, 4 trillion, everybody talks about it as somome sort of grand bargain. it's barely a start. this isn't a fiscal cliff, it's a fiscal bun hill, let's slide down it. >> if we slide down, jonas, in the first t week, people are going to open up the paycheck and see less money there. i don't think that people...
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watch, sir. >> deficits from year to year can be volatile. the deficit has fallen by more than $1 trillion under this president. he signed legislation to cut the deficit by another $1 trillion. so the president's budget would reduce the deficit by further 2.5 trillion by cutting waste phyfulspending and making big corporations and the rich pay their fair share. what i can speak to is what the president has done over the last two years is we see the deficit go down by a trillion dollars. he signed another piece of legislation where the deficit is going to go down another trillion. cheryl: legislation. but that's different from what you actually do. and what we've seen under president biden is bill after bill that is signed into law, the inflation reduction act which had nothing to do with inflation, even the president finally a admitted that was a green climate act. that is what is sending the deficit higher and remind our viewers, which they know this, you're spending more than you're taking in. congressman, your reaction? >> well, -- [techni
watch, sir. >> deficits from year to year can be volatile. the deficit has fallen by more than $1 trillion under this president. he signed legislation to cut the deficit by another $1 trillion. so the president's budget would reduce the deficit by further 2.5 trillion by cutting waste phyfulspending and making big corporations and the rich pay their fair share. what i can speak to is what the president has done over the last two years is we see the deficit go down by a trillion dollars....
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Oct 20, 2018
10/18
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FBC
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eye 15
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impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star b this is actually under your budget. it's great. mm-hmm. yeah, and when you move in, geico could help you save on renters' insurance! man 1: (behind wall) yep, geico helped me with renters insurance, too! um... the walls seem a bit thin... man 2: (behind wall) they are! and craig practices the accordion every night! says the guy who sings karaoke by himself. i'm a very shy singer. you're tone deaf! ehh... should we move on to the next one? it's a great building! you'll love it here! we have mixers every thursday. geico®. it's easy to switch and save on homeowners and renters insurance. geico®. it's easy to switch and save state of the art technology, makes it brilliant. the visionary lexus nx. lease the 2019 nx 300 for $339 a month for 36 months. experience amazing, at your lexus dealer. a new way to save on travel. now when
impact. >> the deficit crisis rocketing to a six-year high. president trump is ready to do something about it. >> frankly there's a lot of fat in there. announcer: maria bartiromo's announcer: maria bartiromo's all-star b this is actually under your budget. it's great. mm-hmm. yeah, and when you move in, geico could help you save on renters' insurance! man 1: (behind wall) yep, geico helped me with renters insurance, too! um... the walls seem a bit thin... man 2: (behind wall) they...
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Feb 13, 2018
02/18
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: it's the deficits. i don't take fault with the tax reform and the tax cuts. we do need an economy growing faster, maybe growing 3% which was in trump's budget yesterday, the president's budget, to raise revenue in the country. when you have the fed -- again, it comes down to the federal reserve is reducing its balance sheet. it started -- it was only $10 billion a month during the last quarter of 2017. he see, it goenow it's $20 bill. then it's 30, then it's 40. by the last quarter of this year it will be $50 billion every month. that's demand for treasuries that is dis disappearing as the supply goes through the roof in part because of what the republicans did last week with the two year budget deal. we finally have wage inflation. we he have a new federal he reservreserve chief on top of all of this. there's a concern about what will be the impact on interest rates. i think that scared investors. it goes to what you're willing to pay for stocks. >> maria: i think it's a great point. rates are going hi
: it's the deficits. i don't take fault with the tax reform and the tax cuts. we do need an economy growing faster, maybe growing 3% which was in trump's budget yesterday, the president's budget, to raise revenue in the country. when you have the fed -- again, it comes down to the federal reserve is reducing its balance sheet. it started -- it was only $10 billion a month during the last quarter of 2017. he see, it goenow it's $20 bill. then it's 30, then it's 40. by the last quarter of this...
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the deficit in fact the highest ever. the deficit with china a record high as well. the national emergency is worsening. the border control calling it unsustainable a as record number of families have been apprehended breaking the yearly record just five months into this fiscal year. >>> the department of homeland security expecting a million illegal immigrants to be arrested this year, in addition to what could be, as many as 3 million illegals who avoid apprehension all together. white house press secretary sarah sanders calling out the radical left's ignorance on border security. >> it is absolutely abhorrent that democrats are still refusing to acknowledge the crisis on the border, particularly when barack obama himself even called it a crisis in 2014. we know exactly what it is and it's time they start doing their jobs and actually fixing it. they should follow the president. he is actually leading. it's time that somebody step up and follow the president and fix this problem. lou: and i would nominate first of all to follow him the secretary of the department o
the deficit in fact the highest ever. the deficit with china a record high as well. the national emergency is worsening. the border control calling it unsustainable a as record number of families have been apprehended breaking the yearly record just five months into this fiscal year. >>> the department of homeland security expecting a million illegal immigrants to be arrested this year, in addition to what could be, as many as 3 million illegals who avoid apprehension all together....
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Feb 13, 2013
02/13
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that way the overall package may not increase the deficit, but the spending does increase the deficit. gerri: i didn't hear you say all that. kristin, to you. you haven't interesting analysis. you said that it was devoid of purpose. and you thought was the weakest job he could have turned in. explain? >> i just felt like it was a lot of platitudes and clichÉs -- a lot of stuff that he would propose will never get through the cars in the first place. he made a big show of doing an assault weapons ban, which is supposed to be the highlight of his speech. of course, it would never get through the house, and it won't address the problem. most of the killings are done by semi automatic weapons, not by assault weapons. gerri: it was such an odd speech. the construction was so strange. if he thought he wasn't going to get cooperation today, i will just handle it by executive order if i can't do what i want. congressman, back to the money for a minute. i just can't get away from this topic. the president said it has gone up by to join ours, but it has gone up by six train always great to the
that way the overall package may not increase the deficit, but the spending does increase the deficit. gerri: i didn't hear you say all that. kristin, to you. you haven't interesting analysis. you said that it was devoid of purpose. and you thought was the weakest job he could have turned in. explain? >> i just felt like it was a lot of platitudes and clichÉs -- a lot of stuff that he would propose will never get through the cars in the first place. he made a big show of doing an assault...